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Nov 5, 2012
11/12
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auto sales slowed in october partly affected by sandy. ford rose .4% and chrysler rising 10% and toyota up 16%, all below expectations. and if you're one of the people who lined up for the star wars movies the first time around, you'll like this. the force may be with disney. the company is acquiring lucas films from george lucas for $4 billion. it has plans to make another 7th chapter in the series by 2015. there is so much to talk about this week from the final days before the presidential election to the economic impact of superstorm sandy. joining me now are two former presidential advisers, austan goolsbee, profess of at the booth school of business and former adviser to president obama and ed lazear, former adviser to george w. bush. thank you for joining us. >> nice to be with you. >> great to see you both. let's start with the jobs numbers on friday. the last jobs report before the election. what do they tell us about america's economy today and what impact do you expect it to have on the election. austan? >> i don't think it will
auto sales slowed in october partly affected by sandy. ford rose .4% and chrysler rising 10% and toyota up 16%, all below expectations. and if you're one of the people who lined up for the star wars movies the first time around, you'll like this. the force may be with disney. the company is acquiring lucas films from george lucas for $4 billion. it has plans to make another 7th chapter in the series by 2015. there is so much to talk about this week from the final days before the presidential...
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Dec 18, 2012
12/12
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hurricane sandy caused a lot of devastation. and one of the things that needs to be repaired is boats. and that's why i think brunswick corp, bc, could be a very good investment. despite what you may be worried about with the fiscal cliff. don't move. the lightning round is next. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. the lexus december to remember sales event is on. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamif
hurricane sandy caused a lot of devastation. and one of the things that needs to be repaired is boats. and that's why i think brunswick corp, bc, could be a very good investment. despite what you may be worried about with the fiscal cliff. don't move. the lightning round is next. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. the...
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Dec 14, 2012
12/12
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and they have a sandy kicker. it is the number one manufacturer of portable generators, and they only account for 10% of company sales, but they have an easy to operate product, and when millions of people lost power for days or weeks after hurricane sandy, you better believe just about everybody stuck in that situation wished they had a generator. i think these people will not allow themselves to be caught without power again, which is why i bet portable generators will become a staple of hurricane preparedness, like candles and flashlights and batteries. that's very good news for briggs & stratton. let's get a closer look with todd teske, the president and ceo of briggs & stratton, to find out more about his company and where it's headed. welcome to "mad money". >> great to be here, jim. thanks. >> we can't have any illusions. hurricane sandy, generators are important, you are still primarily lawn and garden. we have a great housing bull market interrupted by periods of drought and bad weather. where do you thin
and they have a sandy kicker. it is the number one manufacturer of portable generators, and they only account for 10% of company sales, but they have an easy to operate product, and when millions of people lost power for days or weeks after hurricane sandy, you better believe just about everybody stuck in that situation wished they had a generator. i think these people will not allow themselves to be caught without power again, which is why i bet portable generators will become a staple of...
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Dec 19, 2012
12/12
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some of the furniture that was unaffected from sandy hook has been moved there. as for the kids, still a process in the works. we are talking with counselors and with parents of the survivors. they want to make sure that they do this the right way. every one involved say it is important that they go back together. they think that is important for them. >> in a routine. jay gray, we appreciate it. thank you. all right. all right now, some better news, american oil and gas companies have so much product that they are ready to start exporting worldwide. but wait until you hear who is trying to stand in their way. free market capitalism is always the best path to prosperity. we will be right back. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide hi
some of the furniture that was unaffected from sandy hook has been moved there. as for the kids, still a process in the works. we are talking with counselors and with parents of the survivors. they want to make sure that they do this the right way. every one involved say it is important that they go back together. they think that is important for them. >> in a routine. jay gray, we appreciate it. thank you. all right. all right now, some better news, american oil and gas companies have so...
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Nov 1, 2012
11/12
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i want to get your take on this sandy factor and the stock market. >> i think sandy is a temporary story, but the way i think christie and other governors and mayors really pitched in suggests that we'll get through this fairly quickly and there will be serious commitments in terms of infrastructure and improvements. and i'll reemphasize your point. chinese purchasing survey was a little improved and you're right, if the purchasing manager survey in the u.s. is a little better as was consumer confidence. >> jack, what do you think, is sandy a big driver for stocks or is it the coming election and the possible outcome? >> i think it's one that you have a lot of underinvested what i call nonbelievers. i think we're entering the period of chasing returns. first of november i think we started since '09 where it's been up. which is indicative of what the next couple of months will bring. having said that, sandy will produce jobs. the question is will sandy produce more jobs than president obama did over the course of the last few years. and as far as the numbers, let's keep this in mind. i'm
i want to get your take on this sandy factor and the stock market. >> i think sandy is a temporary story, but the way i think christie and other governors and mayors really pitched in suggests that we'll get through this fairly quickly and there will be serious commitments in terms of infrastructure and improvements. and i'll reemphasize your point. chinese purchasing survey was a little improved and you're right, if the purchasing manager survey in the u.s. is a little better as was...
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Nov 29, 2013
11/13
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upbeat music] ♪ this week, i'm going to keyport, new jersey, a town that was devastated by hurricane sandy in 2012. i'm going to meet the owners of mr. green tea, a gourmet ice cream company. for nearly 50 years, mr. green tea has been hand-crafting exotic ice cream flavors and supplying the asian restaurant trade in new york city. >> so delicious. >> way ahead of their time, mr. green tea was producing flavors like green tea, ginger, and red bean. this family business was founded by richard's dad, santo emanuele, in 1968, who ran it with richard's older brother, james. richard's dad passed away, and then his brother died unexpectedly, leaving richard to run the business. richard wanted to keep his family legacy alive, so he took over the business and brought his son, michael, with him. >> michael, there's multiple problems. we gotta do what we gotta do. >> unlike many of the businesses i help, mr. green tea isn't facing a crisis. they generated over $2.5 million a year in revenue, and the emanueles make a very good living, but the business is static. >> i have such a hard time making this
upbeat music] ♪ this week, i'm going to keyport, new jersey, a town that was devastated by hurricane sandy in 2012. i'm going to meet the owners of mr. green tea, a gourmet ice cream company. for nearly 50 years, mr. green tea has been hand-crafting exotic ice cream flavors and supplying the asian restaurant trade in new york city. >> so delicious. >> way ahead of their time, mr. green tea was producing flavors like green tea, ginger, and red bean. this family business was founded...
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Dec 18, 2012
12/12
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they are donating $10,000 worth of target gift cards to the sandy hook elementary school. as you know, those children will not be returning to that school in the near future. maybe never. they are going to be going to school in monroe, new york. they are donating those gift cards so administrators can use those to restock that school with supplies because it's not being used right now. nice thing for target to do. >>> let's take a look at the markets right now. dow jones industrial average
they are donating $10,000 worth of target gift cards to the sandy hook elementary school. as you know, those children will not be returning to that school in the near future. maybe never. they are going to be going to school in monroe, new york. they are donating those gift cards so administrators can use those to restock that school with supplies because it's not being used right now. nice thing for target to do. >>> let's take a look at the markets right now. dow jones industrial...
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Nov 19, 2012
11/12
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and it's likely superstorm sandy slowed business at the end of the month. >>> well, he is a rare breed, a wall street insider who has the president's ear. what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so you are a rare breed. you're a top wall street executive, but you have a very close relationship with the president. so talk to us about this drama over the fiscal cliff. are we still in the positive touring stage? how does this play out? >> i hope it plays out with a deal. i would have probably put it around 80% a deal. but i would have sliced it this way. i would say 50% of that 80 is that they come up with, like, $60 billion. which is six months of the ten years of the $1.2 trillion sequester. >> okay. >> okay? >> so that's a drop in the bucket. >> a drop in the bucket. so you could do that. and is that would als
and it's likely superstorm sandy slowed business at the end of the month. >>> well, he is a rare breed, a wall street insider who has the president's ear. what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so...
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Dec 17, 2012
12/12
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they now say the shooter was not connected to sandy hook. they do say they have gathered an enormous amount of evidence. among those items, a computer that belonged to the shooter. but unfortunately it may not give them a lot of answers. we're hearing that it was destroyed. police say they are beginning the process of going through all that evidence. a long, tedioedious process. meanwhile, teachers are meeting today to figure how to handle this tragedy as students begin returning tomorrow. i'm danielle leigh, now back to you. >> thank you very much. >>> we'll head toward the break here off the lows. at the high of the day the dow was up 95 points. we've come off those highs but still up 73. >> after the break stay with us. pimco's hoe ma'am med el-erian will be with us. >> and apple falling behind 500 for the first time since february. what's wrong? we're going to look at the. >>> and people making a million dollars a year on the hook for higher taxes? would their spending and investment habits change and impact everybody else? our experts b
they now say the shooter was not connected to sandy hook. they do say they have gathered an enormous amount of evidence. among those items, a computer that belonged to the shooter. but unfortunately it may not give them a lot of answers. we're hearing that it was destroyed. police say they are beginning the process of going through all that evidence. a long, tedioedious process. meanwhile, teachers are meeting today to figure how to handle this tragedy as students begin returning tomorrow. i'm...
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Dec 11, 2012
12/12
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i don't know -- >> sandy didn't do it. >> i don't know how to make it any better. all right, time heals all wounds. hopefully next time we'll hear some better news from you. >> i hope so, too. thanks, joe, thanks andrew. >> maybe we'll get some better news right now. steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or expectation from our respondents, 48 respondents, economists, wall street strategists, and analysts, that the fed will replace twist with outright asset purchases. disagreement on how they'll do it and increasing concern about all these purchases and the effect on the market. let's start off with the disagreement about how they're going to do it. we asked people, will the fed purchase only treasuries when it replaces operation twist? or will it purchase treasuries and mortgages? you can see that they're about split on this. unclear what chairman bernanke is going to announce tomorrow. now, how about how much q
i don't know -- >> sandy didn't do it. >> i don't know how to make it any better. all right, time heals all wounds. hopefully next time we'll hear some better news from you. >> i hope so, too. thanks, joe, thanks andrew. >> maybe we'll get some better news right now. steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or...
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Jan 5, 2016
01/16
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. >> that is the managing director at sandy hook promise who lost his son in the sandy hook shooting that john was just referencing. you might keep your eye on the gun manufacturer stocks. smith and wesson going all the way back to the ipo in 2001, and, john, that is a cycle that has become a little familiar as the administration makes moves in this arena. the manufacturers see a bounce. here is the president approaching the mike. >> thank you. thank you. thank you. thank you. thank you, everybody. please, have a seat. thank you. thank you, everyone. thank you. thank you, everybody. please, please, have a seat. thank you so much. mark, i want to thank you for your introduction. i still remember the first time we met and the time we spent together and the conversation we had. that changed me that day. my hope is that it would change the country. five years ago this week the sitting member of congress and 18 others were shot at at a supermarket in tucson, arizona. it wasn't the first time i had to talk to the nation in response to a mass shooting. nor would it be the last. fort hood, b
. >> that is the managing director at sandy hook promise who lost his son in the sandy hook shooting that john was just referencing. you might keep your eye on the gun manufacturer stocks. smith and wesson going all the way back to the ipo in 2001, and, john, that is a cycle that has become a little familiar as the administration makes moves in this arena. the manufacturers see a bounce. here is the president approaching the mike. >> thank you. thank you. thank you. thank you. thank...
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Dec 13, 2012
12/12
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that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but kept their employees on board. that seems to be the case right now. and presents the possibility of making some progress. >> they come back with some more cap-ex then we've got a shot -- >> did we get rick to talk about the fed yesterday? time for a -- some wisdom from rick? >> i'm here. >> rick, so what did you make of that? do you understand what policy is now? before you tell me how much you disagree with it, i just want to know if you understand it. >> do you understand it? >> no, i don't. i don't. i wanted to see if we were simpatico on that story. >
that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but...
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Nov 26, 2012
11/12
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will it help retailers who are slow from superstorm sandy? >> i don't think we will see every retailer do it. i think it will be selective. i think it is spreading out the season and making black friday seem as if the traffic is elongated. the fact we should have a decent friday. i think saturday and sunday typically tail off but i don't think we will see every retailer open on thursday. i think black friday is still the event but feels like it keeps getting earlier. i got more e-mails in my e-mails about black friday starting on monday. >> what do you think about black friday, do you think it will spread out the whole weekend or is black friday as important as it has been. the young people come out midnight to 6:00 a.m. and the parents come out after wards and there's a lot of time in the day to shop. what are you seeing in terms of the 2012 impact so far. ron, can you speak to that in terms of what we are seeing this year? because we have a different economy versus last year. people are still worried about unemployment and the fiscal cliff.
will it help retailers who are slow from superstorm sandy? >> i don't think we will see every retailer do it. i think it will be selective. i think it is spreading out the season and making black friday seem as if the traffic is elongated. the fact we should have a decent friday. i think saturday and sunday typically tail off but i don't think we will see every retailer open on thursday. i think black friday is still the event but feels like it keeps getting earlier. i got more e-mails in...
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Nov 14, 2013
11/13
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joining us on the floor, sandy vilerry. dan veru. it's been a while. you don't see a correction any time soon. why? >> i just think there's too much cash on the sidelines at this point, bill. a lot of the money that's come out of bond funds is really just sitting in cash right now waiting for the market to correct. i just don't see we're going to see it before sometime perhaps next year. >> did you learn anything today from janet yellen? i mean, we realize there were no surprises. but what does this mean for your investment strategy, sandy? >> yeah. i think interest rates are going to stay low for a long time. now you've got oil that's gone from $110 to $79.5. >> even though valuations have come up? >> i think stock picking is going to be extremely important. that's basically what i'm focused on. i think the market is going to be flat looking out to 2014. stock picking is going to be very critical. >> i know we look at valuations and say, gee, we're not overvalued. this is not a bubble. the quantitative easing the fed policy has essentially done is it
joining us on the floor, sandy vilerry. dan veru. it's been a while. you don't see a correction any time soon. why? >> i just think there's too much cash on the sidelines at this point, bill. a lot of the money that's come out of bond funds is really just sitting in cash right now waiting for the market to correct. i just don't see we're going to see it before sometime perhaps next year. >> did you learn anything today from janet yellen? i mean, we realize there were no surprises....
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Dec 18, 2012
12/12
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sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have been in past weeks. so we know that the meeting lasted about 45 minutes and that treasury secretary tim geithner also attended. what we don't know is whether the two men came to any deal or not or advanced the discussions in any way today. what we do know is that up here on capitol hill, senator harry reid, the democratic leader, suggested to his fello
sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all...
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Nov 15, 2012
11/12
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we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is the consumer is still under some pressure. that paycheck cycle still an issue for the walmart consumer and they say that jobs, gas prices and rising food prices also an issue for that group of shoppers. >> is housing about to fall off the fiscal cliff? what homeowners and future home buyers need to know right now. >>> mean. time, let's head out to sue at the schwab investor summit. impact in chicago. what do you got, sue? >> we got a lot coming. up. incidentally, ty, they miss you out here. we're going to talk about how to prevent your portfolio from literally going over the fiscal cliff. michael cuggino will show us. a five-star rated fund manager. $17 billion under management. where is he putting his money next on this special edition of "power lunch" live from chicago. >>> since 2008, u.s. debt has grown at an average pace of 14% each year. music
we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is the consumer is still under some pressure. that paycheck cycle still an issue for the walmart consumer and they say that jobs, gas prices and rising food prices also an issue for that group of shoppers. >> is housing about to fall off the fiscal cliff? what homeowners and future home buyers need to know right now....
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Nov 27, 2012
11/12
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estimated costs of hurricane sandy. we had governor cuomo, the entire state of new york, if town add in the costs of rebuilding, the economic damage, 42 billion, inclusive what we heard from mayor bloomberg, which was new york city 19 billion on its own. we heard from governor christie from new jersey, 29.4 billion. i think this san old number, keep trying to get a newer one, 360 million right now, where they are. come here andly it up, total estimated costs, 72 billion. kbred we got another piece of data from airport. r worldwide i 16 to 22 billion for insured costs. folks, we have called the new york and new jersey governments to find out if this number is in here, we don't know. it is either 72 or 90 billion, as we start to figure this out. we do know this air number is double the previous number. is you can scale that up to the entire metro boll motorola tan area. the economic data coming in doesn't seem to have a lot of san isdy in it consumer confidence up 73.7, up 0.627 to 3.7, that is not really suggesting any s
estimated costs of hurricane sandy. we had governor cuomo, the entire state of new york, if town add in the costs of rebuilding, the economic damage, 42 billion, inclusive what we heard from mayor bloomberg, which was new york city 19 billion on its own. we heard from governor christie from new jersey, 29.4 billion. i think this san old number, keep trying to get a newer one, 360 million right now, where they are. come here andly it up, total estimated costs, 72 billion. kbred we got another...
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Dec 7, 2012
12/12
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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Dec 3, 2012
12/12
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 17, 2012
12/12
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. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun control and mental healthcare. first, funeral services were held for two of the 20 young victims today. nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going through that evidence. they say they hope it will point to a motive. teachers today are meeting to discuss how best to hand they'll tragedy, moving forward as student begin to return to classrooms. student who attended sandy hook are i
. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun control and mental healthcare. first, funeral services were held for two of the 20 young victims today. nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long...
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Nov 29, 2012
11/12
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i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mil
i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible...
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Dec 4, 2012
12/12
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but we now have courtesy of sandy. that said, i said i blew it. home depot is better. home depot is looking like a lot better bet than tractor supply. now let's go over the biotechs, gilead and alexia. gilead has given you a nice 8% rally. i think it's got more room to run. they're number one maker of hiv drugs and developing a new treatment for hepatitis c that has potential to be a megablockbuster. gilead was the darling of the american association for the study of liver disease and the company reported positive results from the late-stage studies of its hep c pill which could be approved by the fda next year. plus gilead has a deep pipeline including a new cancer drug. this story playing out just as we thought. best of all, gilead, i'm calling this one immune to the fiscal cliff-induced recession. people do not stop taking life-saving medicines just because the economy slows down. alexeon, on the other hand, no. not so hot. the stock has tripled since i first got behind it it's down about 14% since i highlighted it as an anointed growth stock two months ago. that's
but we now have courtesy of sandy. that said, i said i blew it. home depot is better. home depot is looking like a lot better bet than tractor supply. now let's go over the biotechs, gilead and alexia. gilead has given you a nice 8% rally. i think it's got more room to run. they're number one maker of hiv drugs and developing a new treatment for hepatitis c that has potential to be a megablockbuster. gilead was the darling of the american association for the study of liver disease and the...
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Dec 10, 2012
12/12
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i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is not expected to be problematic at this point. but take a look at what happened in the stocks on friday. that, after we received word there would be a statement from the canadian prime minister. that freaked a lot of risk arms out. did not have a lot of conviction here. thinking, why is it going to come out with a statement if they're approving the deal. you come out and say something if you weren't. but they did come out with a statement and indicated perhaps we won't see any more of these large deals. comp stock is up, as you might expect. >> you heard this deal will b
i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is...
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Dec 19, 2012
12/12
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pension costs, fuel costs, sandy. as my grade schoolteacher used to say, excuses are like -- and everybody has one. >> i had to roll up my sleeves to go after ennis. people have been pinching pennies. that's why fedex got hurt. they went to the ground shipping, which is cheaper. >> express was down. >> right. now i think express comes back because you've got europe, perhaps, working its way out of the recession. u.s. not falling off the fiscal cliff. so if i'm right, ennis, i think those are reasons to like this stock going forward. china means they'll will shipping more. smith said on the call, by the way, fred smith said that holiday shipments expected to be up double digits. >> john, you just hit the key. china is the key to this story. i'm not a bull on china. if you are, that's the bull's case. >> pete, who made the more compelling argument in this case? >> i said beforehand i wasn't going toeith my brother. actual actually, i am. i tend to be a bull on china. i tend to be a bull on the global economy coming back
pension costs, fuel costs, sandy. as my grade schoolteacher used to say, excuses are like -- and everybody has one. >> i had to roll up my sleeves to go after ennis. people have been pinching pennies. that's why fedex got hurt. they went to the ground shipping, which is cheaper. >> express was down. >> right. now i think express comes back because you've got europe, perhaps, working its way out of the recession. u.s. not falling off the fiscal cliff. so if i'm right, ennis, i...
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Nov 29, 2012
11/12
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>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all negative today, a lot of the apparel retailers were positive. 5%, 10%. that's a positive sign. >> quick comment on tiffany. huge miss. stock's a mess. is this company specific or is it luxury that we need to watch out for? >> i think it's, "a," it's company specific. i think it's luxury you want to watch. if any consumer is watching this fiscal cliff, it's really the luxury customers. it's not the american eagle customers. the american eagle customers think fiscal cliff is really a rock climbing event. >> steve, good to have you on the show as always. >> thanks a lot. >> murph, what do you do
>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all...
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Dec 13, 2012
12/12
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it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims are not bad but without a deal, these executives, behind scenes, they will tell you. this doesn't matter, without a deal. >> oil more than natural gas but all know natural gas is also fueling employment increases as a result of some manufacturing. not that much. fertilizer. chemicals. >> chemical industry. this is one of those things were i think there's so much spending that could be on hold by corporations, simply because the government won't cut spending. so i bring up eog as the par crime dime of our new american society, not apple bringing -- doing --
it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims...
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Dec 14, 2012
12/12
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sandy hook elementary. where nbc news says 18 children, 8 adults, plus the gunman have been killed at one of the worst school shootings in american history. we've heard some comments, john harwood, from jay carney, the white house spokesman sort of talked about it. can we expect an official statement or press conference from the president about this tragedy? >> i think it's likely we'll hear from the president, probably in person, if not in a written statement. what jay carney said on his behalf was that he, like every parent, expresses enormous sympathy for the tragedy that's going on in connecticut right now. he got questions, of course as always happens in circumstances like this, about his views on gun control and whether he will seek any new legislation. jay carney said it's not the time for politics, it's the time to focus on the victims. that's where it stands at the moment. obviously this is, brian, totally distracted watchishingt attention away from fiscal cliff discussions and news coverage for da
sandy hook elementary. where nbc news says 18 children, 8 adults, plus the gunman have been killed at one of the worst school shootings in american history. we've heard some comments, john harwood, from jay carney, the white house spokesman sort of talked about it. can we expect an official statement or press conference from the president about this tragedy? >> i think it's likely we'll hear from the president, probably in person, if not in a written statement. what jay carney said on his...
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Nov 28, 2012
11/12
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maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect
maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know,...
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Dec 3, 2012
12/12
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 3, 2012
12/12
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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Dec 21, 2012
12/12
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i believe there's still an opportunity here for the president and the speaker, as sandy said, so sit down in a ream quiet will i, hopefully, without a lot of -- but it sounds like the conservative republicans in the house are back to the situation where they won't tolerate any tax increase at all. i mean, isn't that what they opposed last night? >> no, i don't think so. i think last night was a statement that they -- that you have -- within the republican conference in the house, they're not going to raise taxes unless they get the spending cuts to go along with it. i think if there had been a package that was signed on to that they knew was legitimate, was real, was going to go to the senate and be passed, it had been a comprehensive package in the $2 trillion range which is what the president and the speaker had been talking about, i think that type of package could have been done. >> let me just interject because we know each other well. i don't think that was the meaning of yesterday. essentially, a lot of your former colleagues, the people who i think have rather different view
i believe there's still an opportunity here for the president and the speaker, as sandy said, so sit down in a ream quiet will i, hopefully, without a lot of -- but it sounds like the conservative republicans in the house are back to the situation where they won't tolerate any tax increase at all. i mean, isn't that what they opposed last night? >> no, i don't think so. i think last night was a statement that they -- that you have -- within the republican conference in the house, they're...
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Dec 21, 2012
12/12
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was a sandy negative earlier in the earlier day so definitely a pop. we had the pop in the durables this morning, personal income and spending data. the consumers hung in there. the golden ring is out there to be grabbed if the politicians would get off the carousel, you know? if they would stop trying to run the thing. if they could pass this deal, put the spending cuts in place, that are agreed to, you need people to want peace. i'm not sure that is what they want. >> they look more like a bunch of guys trying to get out of a little tiny car all at once than riding around a carousel. they look like clowns. >> they do. >> guys, enjoy being with you. >> thank you, steve. >> one of the best things i do here is hanging with you guys. >> mutual. see you on the other side. all right. coming up on halftime the rally in r.i.m. comes to a screeching halt. buy on the dip or steer clear? the najarian brothers with two different opinions are getting ready to rumble. which ponytail is going to emerge as the winner? and one of the premier venture capitalists in si
was a sandy negative earlier in the earlier day so definitely a pop. we had the pop in the durables this morning, personal income and spending data. the consumers hung in there. the golden ring is out there to be grabbed if the politicians would get off the carousel, you know? if they would stop trying to run the thing. if they could pass this deal, put the spending cuts in place, that are agreed to, you need people to want peace. i'm not sure that is what they want. >> they look more...
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Nov 13, 2012
11/12
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hurricane sandy would have knocked all of those out. right now those states are asking for gasoline. not solar panels or windmills. >> diana, just one last regulatory obstacle while we are on the subject. obama care. obama care. now, i know -- >> that's a major regulatory obstacle because if you move from 49 to 59 workers and don't have the right kind of health insurance you have to pay $2,000 per worker per year. the only way you can get out of it is by making the full-time workers part time and as a result they are going to be all these additional part-time workers for americans who want full-time jobs. it is absolutely outrage house is this why all these big companies, i mean, not just fast food companies. it is industrial companies and it is media companies and it is -- is this why they are already laying off workers? >> there are -- that's one reason. larger industrial companies that provide health insurance are going to find there are winners in ending their own health insurance and dumping their work others the exchange and payin
hurricane sandy would have knocked all of those out. right now those states are asking for gasoline. not solar panels or windmills. >> diana, just one last regulatory obstacle while we are on the subject. obama care. obama care. now, i know -- >> that's a major regulatory obstacle because if you move from 49 to 59 workers and don't have the right kind of health insurance you have to pay $2,000 per worker per year. the only way you can get out of it is by making the full-time workers...
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0.0
Sep 21, 2022
09/22
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they said sandy hook is one of the biggest mistakes i made, nobody's perfect, they blew up what i did, twisted it, took it out of context and said i'm famous and successful because of sandy hook. >> the judge has already ruled on all of that jones has not yet taken the stand in this part of the trial and his lawyer says he will. the judge today said she's ready for any inflammatory comment that he made during the testimony. she said, he will not get any special treatment on the stand >>> the family of that little leaguer who fell out of a bunk bed earlier this year during their world series is headed to court. who they're going after anhow d that little boy is doing today so when her windshield got a crack... she scheduled with safelite in just a few clicks. we came to her house... ...replaced the windshield... and installed new wipers. that's service on her time. >> grandkid: here you go! >> tech: wow, thank you! >> customer and grandkids: bye! >> tech: bye! don't wait, schedule now. >> singers: ♪ safelite repair, safelite replace. ♪ - in the last two years, we quadrupled our tea
they said sandy hook is one of the biggest mistakes i made, nobody's perfect, they blew up what i did, twisted it, took it out of context and said i'm famous and successful because of sandy hook. >> the judge has already ruled on all of that jones has not yet taken the stand in this part of the trial and his lawyer says he will. the judge today said she's ready for any inflammatory comment that he made during the testimony. she said, he will not get any special treatment on the stand...
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Nov 29, 2012
11/12
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hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect of the fiscal cliff is getting much worse than if the fed were not at zero. >> because they could do something. >> the only positive thing which dudley did not talk about but it is something that's on the radar is that, as the fiscal cliff fears rise, interest rates fall on the 10-year. so the effect the fed would have from easing is already in -- already happening as a market reaction. >> steve, thank you. >>> when jeff kilburg is not fired up about the irish he is fired up about what mr. dudley said today. why? >> absolutely. he came out with very dovish comments. he las
hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect...
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Nov 13, 2012
11/12
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full impact of sandy won't be felt. color expected on the conference call but that could be a key driver going into the last quarter of the year. metrics on the quarter were good. best ticket growth in four years in terms of ticket size. average ticket 54.50. up 2.9% year on year. even below the surface the numbers were really solid for home depot. >> one of the things that blake talked about on the conference call is investment in your home starting to grow faster than gdp? he's used that as yardstick to say we're still not there yet. we're still not there even though he's been doing the numbers. i want to know whether we're there in surpassing it. yesterday there was a good conference call. people didn't like it. i think that was one of those judgments about people saying, you know what? i want to take profit. stocks up 53%. home depot looks like it's not going to fall prey to fiscal cliff profit taking. need to know more. very few stocks available to go through there. >> lowe's reports next week. lagged for 13 quarte
full impact of sandy won't be felt. color expected on the conference call but that could be a key driver going into the last quarter of the year. metrics on the quarter were good. best ticket growth in four years in terms of ticket size. average ticket 54.50. up 2.9% year on year. even below the surface the numbers were really solid for home depot. >> one of the things that blake talked about on the conference call is investment in your home starting to grow faster than gdp? he's used...
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Dec 16, 2014
12/14
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sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, we're there. state farm. we're a force of nature, too. >> frank, you are no longer the general manager. you can be a part of the team. but the way i see it and the way the bank sees it, is that you guys are really the general manager. you're the floor manager. in addition, you have to take a pay cut. i want you to be here, but you have to earn it. and you have to prove it to them and you have to prove it to me. >> i'm onboard. >> i appreciate you being open-minded about it, okay? >> not a problem. >> well, i brought you to brooklyn. >> [laughs] hi. >> both: how are you? >> whenever i invest in a company, especially one the size of stein, it's standard practice for me to bring somebody to come in an analyze the financials. so i've flown in jamie, an accounting expert, to do an audit and to validate the numbers. >> hi, nice to meet you. >> same here. >> jamie is a portfolio manager for me. the reason that she came out is really to
sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, we're there. state farm. we're a force of nature, too. >> frank, you are no longer the general manager. you can be a part of the team. but the way i see it and the way the bank sees it, is that you guys are really the general manager. you're the floor manager. in addition, you have to take a pay cut. i want you to be here, but you have to earn it. and you have to prove it to them and you have to...
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Dec 19, 2012
12/12
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sandy, i'll begin with you. as we're sitting here, i don't know how you feel about the market and the cliff. yesterday one tone. today seems to be we've reverted backwards. >> so frustrating. here we go again. i think the market does have a lot of support at 1420. i do think they will get a deal done but i don't think it will happen this year. i think it happens into january and they can make things retroactively back to january so everything happens from that point. so frustrating we've got to go through that again. >> does name pact the economy and sort of the fundamentals of this market if we go into january, go over the cliff and then we actually have, to you know, reverse things? i mean, you're beginning the year with more uncertainty. >> ceos are already -- they are holding back on hiring. they are doing all these other things so ultimately, no, it won't have a fundamental impact because i think it will all be retroactive for january 2013. hard for people to hire in such an uncertain climate for everybody.
sandy, i'll begin with you. as we're sitting here, i don't know how you feel about the market and the cliff. yesterday one tone. today seems to be we've reverted backwards. >> so frustrating. here we go again. i think the market does have a lot of support at 1420. i do think they will get a deal done but i don't think it will happen this year. i think it happens into january and they can make things retroactively back to january so everything happens from that point. so frustrating we've...
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Dec 3, 2012
12/12
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particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to 2013. >> are you buying the market on any pullback? >> i like the santa claus rally with josh and would be raising cash. i think the risk in the markets further on the down side than the up side. but when you see some real pullbacks, buy the stock if you like it. >> morgan stanley's top market watcher has been bearish all year and not ready to change his mind. adam parker joins us live. welcome back to halftime. good to see you. >> how are you, scott? >> 1167 is where you thought we would be at the end of the year. you'll be far short. why aren't you willi
particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to...
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Nov 15, 2012
11/12
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the data is coming in, very noisy about sandy. you've been bullish. has your confidence been buffeted at all? >> i wouldn't say, you know, if we look out longer than a matter of weeks, no, i don't think our confidence has been shaken one bit. i've never been very good at telling you what's going to happen in the next week or two or three weeks so i'll reserve comment on that. i think what people still don't recognize is the fundamentals of the u.s. economy are improving. they are not improving at the rate that we'd like but they are improving. more importantly, we're about the only major economy in the world that you can say that. so i think we're very unique and that's why we're still bullish. >> there's been a lot written about how good the recovery actually has been even though people don't want to talk about it relative to other countries, our debt. i know you look at debt to gdp. not as immediate a danger as some want to make it. there is this notion that it could all be ruined, all of that good news could be doused if, in fact, the fiscal cliff
the data is coming in, very noisy about sandy. you've been bullish. has your confidence been buffeted at all? >> i wouldn't say, you know, if we look out longer than a matter of weeks, no, i don't think our confidence has been shaken one bit. i've never been very good at telling you what's going to happen in the next week or two or three weeks so i'll reserve comment on that. i think what people still don't recognize is the fundamentals of the u.s. economy are improving. they are not...
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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Oct 29, 2012
10/12
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>> no, we better talk sandy i think. >> okay. sandy effect on the vote is entirely speculative. there are a lot of people yakking about it, but mostly making stuff up. i'll go to a couple things. first of all, obama is believed to have a somewhat more extensive ground game, he has more people on the ground. so in theory, he has more to disrupt. the president's schedule has him doing more events that will have to be canceled than romney. on the other hand, because romney is down a field goal and needs something to happen, the idea that sandy could flereeze things in place for a few days is not necessarily good for him because he had momentum after the first debate. the momentum seems to have died out. it's left him in a very competitive position. he could win the election. but he may need a little bit of push by the end. and then the other thing that people talk about is the idea that president obama can showrd shal leadership and he's helping people, using fema and other tools of the administration. i'm kind of skeptical of that because i think people understand that that's a pr
>> no, we better talk sandy i think. >> okay. sandy effect on the vote is entirely speculative. there are a lot of people yakking about it, but mostly making stuff up. i'll go to a couple things. first of all, obama is believed to have a somewhat more extensive ground game, he has more people on the ground. so in theory, he has more to disrupt. the president's schedule has him doing more events that will have to be canceled than romney. on the other hand, because romney is down a...
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Nov 15, 2012
11/12
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as the president toured the impact zone, our first look at the bite sandy is taking out of the economy. the numbers reported this morning. sue herera live from the schwab impact conference in chicago with advice on how you can protect your portfolio against the fiscal cliff. now back to scott. >>> steve, at the top of the hour. have a bit of breaking news. we want to get out to phil lebeau. he's with sergio marcioni. >> i am. sergio marcione, the christ ler fee at man. the guy who has his fingers on the u.s. pulse and the european economy. you know how bad things can be in europe and how bad they are. you know what we're facing in the u.s. how concerned are you about the possibility of a fiscal cliff and what would happen to the auto industry if we approached that and went over that fiscal cliff? >> the second part of your question is almost -- there are a variety of possible outcomes. i have the utmost faith in the leadership here, however, it goes beyond the question of cars. the world is truly dependent. the americans don't understand how the world looks at the stability of the mark
as the president toured the impact zone, our first look at the bite sandy is taking out of the economy. the numbers reported this morning. sue herera live from the schwab impact conference in chicago with advice on how you can protect your portfolio against the fiscal cliff. now back to scott. >>> steve, at the top of the hour. have a bit of breaking news. we want to get out to phil lebeau. he's with sergio marcioni. >> i am. sergio marcione, the christ ler fee at man. the guy...
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Dec 18, 2012
12/12
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students returned to their classroom today aside from those attending sandy hook elementary, and when they did they were greeted by increased security and counselors on hand in case students needed to process. one parent said it was harder to send her son back to class and she believes this is a necessary part of the healing process for these students, but as all of that happens, as the students return to class just up the way behind me is a memorial still filled with lots of people, crowds of people struggling to move on. there were two more funerals today, and right now a wake is under way for that teacher that we've heard so much about, vicki soto works died trying to protect her children. the school, sandy hook, is still indefinitely closed while police investigating, even a nearby town says they can have another school red the for those students by tomorrow. the district has not decided when they will be ready to have those students return to class. reporting live in newtown, connecticut, danielle lee. bill, back to you. >> thanks, danielle. i'll take it. 45 minutes, 40 minutes r
students returned to their classroom today aside from those attending sandy hook elementary, and when they did they were greeted by increased security and counselors on hand in case students needed to process. one parent said it was harder to send her son back to class and she believes this is a necessary part of the healing process for these students, but as all of that happens, as the students return to class just up the way behind me is a memorial still filled with lots of people, crowds of...
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Nov 19, 2012
11/12
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forget about sandy. they've been waiting to signs to see ramp up before they bring in new production facilities. they would like to see housing starts above 1 million before they ramp up production. they are 870,000. we'll get that this week. that will be important to see how numbers are. by the way, i don't expect to see huge impact from housing starts from hurricane sandy this month because they collect data in the first two weeks of october. it's not through the end of october. you'll see it in the november numbers certainly a lot more. that's the important thing. guys, back to you. >> if they had boots on the ground they would know there's not enough supplies. they are still tearing down. when they have to build up, they have to get rid of mold. you'll see remarkable numbers in wall board. i want to be long usg. let's shift bonds in the dollar. go ahead, rick santelli. >> thank you very much, jim. no supply this week although we do have ten-year tips on wednesday. if you look at a two-day chart you c
forget about sandy. they've been waiting to signs to see ramp up before they bring in new production facilities. they would like to see housing starts above 1 million before they ramp up production. they are 870,000. we'll get that this week. that will be important to see how numbers are. by the way, i don't expect to see huge impact from housing starts from hurricane sandy this month because they collect data in the first two weeks of october. it's not through the end of october. you'll see it...
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Nov 29, 2012
11/12
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. >> billy joel was quite a hero in the concert for sandy. he looked great and he sounded great. >> if i don't like billy joel, i'm done. >> caller: what's your opinion on plcn, polycom? >> we don't want to be in anything i regard as video and voice because you'll be competing against the giant that is cisco! >> glen in illinois, please. again? >> caller: i'd like to thank you on your excellent insight into jobs in general. >> my stock has been up at past eight trading days and i was wondering if this was any case the stocks were to pop. cldx is the prop. don't know why it's up. got to come back. sorry. could be a could good expectation. >> all my florida calls are so -- what do you got? you got this guy mr. social meaning he knows how to use social media better than anyone i've ever seen. >> stephanie lake, we were talking, i said this is right now one of my absolute favorite stocks between now and when this deal closes, underrated, so smart, it will do 14, what he has done for coffee! let's go to john in colorado. >> hi, jim. i'd like to gi
. >> billy joel was quite a hero in the concert for sandy. he looked great and he sounded great. >> if i don't like billy joel, i'm done. >> caller: what's your opinion on plcn, polycom? >> we don't want to be in anything i regard as video and voice because you'll be competing against the giant that is cisco! >> glen in illinois, please. again? >> caller: i'd like to thank you on your excellent insight into jobs in general. >> my stock has been up at...
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Nov 23, 2013
11/13
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i want to thank sandy, chairman and ceo of kenandy and so much more. >>> going to dreamforce was an absolutely incredible experience. i'm so glad i did it after getting a chance to see it first hand i can tell you there's an industrial revolution going on in this country. just because it's traded smokestacks for servers doesn't make it any less powerful. is it refreshing to hear hope and good things happening. when there's so much gloom everywhere else. here's some more moments we caught up with some of these people leading the movement. >> this is it. you're looking at literally a renaissance happening right now. >> what's different today than 15 years ago or 14 years ago is the technology companies are building real products and real services and real experiences that are changing people's lives. >> that's why it's exciting to me. i feel like, gosh, we've got 30 years of amazing innovation. like if you're in banking, like pre-atm. >> next generation of people coming into our company, i want to make sure they feel the same passion towards our customers and our goals and missions i feel in lif
i want to thank sandy, chairman and ceo of kenandy and so much more. >>> going to dreamforce was an absolutely incredible experience. i'm so glad i did it after getting a chance to see it first hand i can tell you there's an industrial revolution going on in this country. just because it's traded smokestacks for servers doesn't make it any less powerful. is it refreshing to hear hope and good things happening. when there's so much gloom everywhere else. here's some more moments we...
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Dec 19, 2012
12/12
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impact of hurricane sandy at 11 cents a share for the quarter. revenues above forecast and largely short of estimates. its full year forecast comes in the current range of street estimates. the core express business, guys, their words, persistence weakness, down 33%. >> fedex ground fraet -- this is another one of these bad news/good news stories. if you read the headline, you say this is horrendous. but if you think the world's coming back, i mean, they talk about asia not being good. but wait a second, if asia comes back, look at the chinese market. if it comes back, maybe this is the play, and oil is stable. i find that many stories that look bad in a world that was declining suddenly are good. >> the other thing to keep in mind is they outline the sandy impact is 11 cents per quarter. if you back that out, it's still tops of the forecast they gave back in september. internally it was a beat, if you take out the impact of sandy. so that also can be construed as good news, or maybe not as bad as the headline number might appear at least. >> ver
impact of hurricane sandy at 11 cents a share for the quarter. revenues above forecast and largely short of estimates. its full year forecast comes in the current range of street estimates. the core express business, guys, their words, persistence weakness, down 33%. >> fedex ground fraet -- this is another one of these bad news/good news stories. if you read the headline, you say this is horrendous. but if you think the world's coming back, i mean, they talk about asia not being good....
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Feb 26, 2013
02/13
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sales tied to superstorm sandy among reasons. home depot besting lows for 15 quarters. back to you guys. >> thanks, josh. we know people are saving less money. some parents are dipping into retirement funds to pay for soaring college tuition bills. sharon epperson has a new study on how america plans to pay for college. >> this new study that just came out there from sally may shows more families saving for retirement than education. the issue is many families plan to use retirement money to pay college expenses. about half parents surveyed by sally said they are focused on college savings. 60% are focused on retirement savings. if they have to choose, 42% say they aren't saving for college but they are saving for retirement. the majority, 78%, are saving for both. nearly one in five parents actually say they are using their retirement nest egg to save for college. one-third already planned to use it for college funds. two-thirds say they will use this retirement money if it is necessary. >> they are putting their savings in these general savings vehicles like checking
sales tied to superstorm sandy among reasons. home depot besting lows for 15 quarters. back to you guys. >> thanks, josh. we know people are saving less money. some parents are dipping into retirement funds to pay for soaring college tuition bills. sharon epperson has a new study on how america plans to pay for college. >> this new study that just came out there from sally may shows more families saving for retirement than education. the issue is many families plan to use retirement...